After the recent rally, cattle buyers noted that price spreads between weight categories came back in line with traditional levels this week. Shorter-keep yearlings were steady to $4 weaker compared […] Read more
Tag Archives feedlots
Klassen: Feeder cattle market stabilizes
U.S. livestock: Bearish USDA report rattles CME live cattle
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Friday finished sharply lower, hit by fund liquidation and the morning’s bearish U.S. Department of Agriculture Cattle on Feed […] Read more
U.S. April feedlot cattle placements jump to 14-year high
Chicago | Reuters — Ranchers placed 11 per cent more cattle in feedlots in April than a year earlier, the most for the month in 14 years, the U.S. Department […] Read more
Klassen: Feeder cattle market remains firm
Western Canadian feeder cattle markets traded $3-$5 above week-ago levels although lighter weight categories experienced week-over-week gains of $8 to as much as $12. The fed cattle market went through […] Read more
Klassen: Feeder cattle markets erupt
Western Canadian feeder cattle markets traded $10-$13 above week-ago levels and in some cases as high as $20. Buying interest exploded early in the week as adverse weather wreaked havoc […] Read more
Cargill to exit U.S. cattle feeding business
Chicago | Reuters — Cargill said on Wednesday it will exit the business of feeding cattle to direct capital toward other investments, the latest transformation for the global commodity trader. […] Read more
Klassen: Feeder cattle continue upward trend
Western Canadian feeder cattle prices traded $3-$5 above week-ago levels with higher-quality cattle as much as $8 higher. Once again, stronger fed cattle prices and healthy feedlot margins were the […] Read more
Feed market awaits influx of spring-threshed grains
CNS Canada — As spring slowly approaches, western Canadian feed dealers are warily eyeing the amount of grain that may be left over on Prairie fields. “There’s a bit of […] Read more
Klassen: Healthy margins drive feeder complex
Western Canadian feeder cattle markets traded steady to $5 higher compared to week-ago levels. Buyers were quite meticulous on flesh levels and quality features in the heavier weight categories; however, […] Read more
Klassen: Fed cattle uncertainty restricts upside in feeders
Western Canadian feeder cattle were actively trading $3-$5 higher compared to week-ago levels. Order buyers felt like they were groping in the dark but realized there was a fair amount […] Read more
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